The problem
Agency recruiters lose most of their day re-typing data across a legacy ATS and bolt-on sourcing, outreach and notes tools
What they do
AI-native ATS and CRM in one platform for recruitment and staffing agencies
Traction ~$3.4M ARR (€3M, Jul 2026), from ~€0.1M Oct 2025; 500+ agencies (company claims) — scored "some": revenue still small (~€3M ARR)
Hiring trend
- Open roles
- 7
- Ops roles
- 2
- Headcount
- ~44-46
Headcount ~12 → ~46 in 12 mo (+283% YoY, LinkedIn est.); plans 60+ by end-2026
Funding
- Last round
- $21M
- Stage
- Series A
- Date
- Sep 2026
Led by Balderton Capital
- Hiring+17 open roles on the live job board (3–9 roles = +1)
- Funding recency+1.5Series A · $21M, Sep 2026 (1 month ago): 6 months or less = +1.5
- Traction+0.75Some growth: ~$3.4M ARR (€3M, Jul 2026), from ~€0.1M Oct 2025; 500+ agencies (company claims) — scored "some": revenue still small (~€3M ARR)
- Red flags0None found in the last 24 months
- Total3.251 + 1.5 + 0.75 − 0 = 3.25 → Steady (1.5–3.49)
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: hard to leave
Fast-growing challenger to Bullhorn, Loxo and Vincere in a crowded agency ATS/CRM market; system-of-record lock-in, 500+ agencies and claimed zero churn are real, but ~€3M ARR is far behind the incumbents.
Sources: Spott: origin story (€100K to €1M+ ARR in four months, zero churn, switching from Bullhorn/Loxo) ↗ · Trends/Knack: Spott ARR from €0.4M to €3M, three-quarters outside Belgium (Jul 2026) ↗ · The Next Web: Spott raises $21M Series A led by Balderton (Sep 2026) ↗
Last checked Oct 15, 2026